Chairman of the House Ways and Means Committee, Dave Camp of Michigan, today announced the formation of eleven separate Tax Reform Working Groups that will focus on comprehensive tax reform. Republican Congressman Kevin Brady (The Woodlands, TX) was named chairman of the Energy working group.
"Affordable energy driven by the free market is key to America's economic growth. A fairer, simpler tax code that encourages a wide variety of energy production here at home, without picking winners and losers, is critical," said Brady.
The Energy Tax Reform Working Group will review and research current laws that affect the energy sector by talking to various stakeholders, customers and colleagues. The findings will be presented as a report to the full Committee by April 15th.
Brady noted that the fact-finding group would work as a bi-partisan organization. "I look forward to working with my Democrat colleague from California, Mike Thompson. Both parties recognize that a simpler, fairer tax code would be a benefit to families and industries alike. Together, we can build a framework that leads to fundamental tax reform."